Tuesday, August 23, 2005

Would you bet on oil

Interesting article by JOHN TIERNEY in the NY times. HE has put a $5000 bet that the price of oil will have dropped by 2011 compared to the average industrial wage. I don't think I'd be brave enough to put a €€5 bet on that . But still he makes some interesting points especially about copper andfibere optics. Maybe in 2010 there will be afibere optic equalivantt to oil by then.

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